paper investigates the e�ects of relative productivity growth in the traded sector along the lines of Balassa- Samuelson, of … (2000), we study the e�ects of relative productivity growth in the traded sector along the lines of Balassa-Samuelson, of …, as suggested by Balassa (1964) and Samuelson (1964), which implies that the real exchange rate appreciates in the long …

decade. This appreciation is often related to the Balassa-Samuelson effect of rising prices of non-tradable goods during the …, 2002). The impact of productivity gains on both the Balassa-Samuelson effect and the behaviour of the tradable real …: real equilibrium exchange rate, EU enlargement, Balassa- Samuelson effect, productivity, net foreign assets, out-of sample …

Argumente „Preiskon- vergenz“ und „Balassa-Samuelson-Effekt“ die beobachteten Inflationsunterschiede nicht hin- reichend … Geldpolitik. JEL-Klassifikation: E31, F33, F41 Keywords: Europäische Währungsunion, Inflationsdifferenzen, Balassa-Samuelson …. In den Kapiteln 3 und 4 werden sodann die Preiskonvergenz- und die Balassa-Samuelson-Hypothese thematisiert. Das …

There is little empirical research on whether Balassa-Samuelson effects can explain the long-run behavior of real … terms of trade also influence the real exchange rate. These results provide strong verification of Balassa-Samuelson effects …

Argumente "Preiskonvergenz" und "Balassa-Samuelson-Effekt" die beobachteten Inflationsunterschiede nicht hinreichend erklären …